Conversion Analyst - 401(k) Plan Onboarding Specialist

55 Insperity Retirement Services, L.P.; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

55 Insperity Retirement Services, L.P. in Houston is seeking a Conversion Analyst to manage retirement plan conversions, ensuring accurate data transfers and timely deliverables. You will collaborate with clients, vendors, and internal teams to execute data loads, reconciliations, and compliance checks.

The ideal candidate will have a bachelor’s degree and several years in retirement services, with hands-on experience in plan conversions and OMNI systems. Limited travel is required, up to 5%.

Qualifications

• Bachelor’s Degree or equivalent experience is required.
• Four or more years experience in the retirement services field is required.
• One year of experience specifically related to conversion activity is preferred.

Responsibilities

• Establishes plans in DefCon and systems for new 401(k) plan clients with existing assets converting from outside vendors.
• Manages the conversion process for simple, noncomplex plans from routine vendors such as ADP TotalSource, Paychex, etc.
• Establishes timelines for setup and conversion, conducts client implementation calls, sets expectations for deliverables, and notifies relevant internal units and clients once conversion is complete.
• Escalates all data issues and concerns to applicable personnel.
• Researches discrepancies regarding conversion data, presents appropriate action plan to manager, and executes based on manager’s approval.
• Serves as a liaison for clients in addressing discrepancies with prior service providers.
• Loads financial data in OMNI, edits/posts financial transactions, and reviews output of conversion data on simple, noncomplex plans to ensure that participant records are transferred accurately (100%) and timely (meeting final blackout dates 100%).
• Assists with loading participant indicative data for conversion processing, and reviews OMNI output reports to ensure that data was uploaded accurately for larger retirement plans as needed.
• Contacts clients to gather change information for existing Insperity clients that participate in the Insperity 401(k) Plan, presents appropriate action plan to the manager for approval, and collects the necessary documents to execute all of the system changes for clients to maintain their existing Insperity 401(k) Plan.
• Assists Implementation Team with startup 401(k) plans as needed.
• Trains entry-level personnel on plan setup related activities.
• Manages other projects as assigned by Department management.

Education

Bachelor’s Degree or equivalent experience

Job description

55 Insperity Retirement Services, L.P. in Houston is seeking a Conversion Analyst to manage retirement plan conversions, ensuring accurate data transfers and timely deliverables. You will collaborate with clients, vendors, and internal teams to execute data loads, reconciliations, and compliance checks.

The ideal candidate will have a bachelor’s degree and several years in retirement services, with hands-on experience in plan conversions and OMNI systems. Limited travel is required, up to 5%.